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1 Peso Counterstamped coinage
| Issuer | Guatemala |
|---|---|
| Year | 1894 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso (1859-1912) |
| Composition | Log in to see details |
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| Obverse description | The obverse bears a Guatemalan counterstamp applied to the obverse of a Peruvian host coin. The counterstamp consists of the coat of arms taken from the Guatemalan 1/2 Real of 1894. The underlying host coin displays the Peruvian national coat of arms — featuring a shield divided into three sections depicting a vicuña, a cinchona tree, and a cornucopia — with the denomination indicated in the exergue. The host coin legend encircles the arms and references the Lima Mint, fineness, and date of Peruvian independence. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
Guatemala's counterstamped coinage of the 1890s emerged from a pragmatic response to chronic silver shortages and the difficulty of maintaining an independent mint at full production capacity. Foreign coins — primarily Chilean and other Latin American pesos — were officially counterstamped and placed into domestic circulation rather than melted and recoined. The 1894 issues appeared as Guatemala was simultaneously navigating the coffee-export boom under Reina Barrios, which was generating hard currency demand faster than the monetary system could absorb it.
KM#225 counterstamps are known on several host coin types, making attribution of the underlying planchet as important to collectors as the stamp itself.